BaseFEX Cryptocurrency Exchange Review: Conditions Assessment, Reviews
BaseFEX: Innovative Cryptocurrency Futures Exchange
BaseFEX is an innovative cryptocurrency exchange specializing in futures contracts. In this review, we will examine project reviews and analysis to determine the attractiveness and uniqueness of the conditions offered on basefex.com. The goal is to find out whether it is worth registering on this exchange or facing dishonest actions. Let’s figure it out.
What is known about the company BaseFEX?
Information from BaseFEX shows that it is a cryptocurrency exchange with Seychelles roots, which began operating in 2018. Main office address: Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahe, Republic of Seychelles.
Despite offshore registrations, it should not be immediately recognized as a scam exchange. The parent company Base Investing Corporation is registered in the Seychelles under number 205276. A license for BaseFEX could not be found, which is typical for many cryptocurrency exchanges due to low market regulation.
What sets BaseFEX apart is the union of well-known personalities and teams:
- ZhenFund – invested in Huobi,
- InBlockchain – an active venture fund from China investing in the crypto industry,
- Li Xiaolai – cryptocurrency billionaire and investor,
- Ceyuan Ventures – supported OKex,
- Big.ONE – a major exchange with high trading volume.
Detailed overview of BaseFEX contact information
BaseFEX does not have representation in Russia, but the cryptocurrency exchange website includes several communication channels, including email, social networks, and online chat. User reviews about the support service are positive.
Registration on BaseFEX: easy and simple
Users note the simplicity of the registration process on BaseFEX. The platform is multilingual, including a Russian version. To become an exchange client, simply fill out a form with an email address, nickname, and password. The platform’s terms of use are also clear: BaseFEX does not work with certain countries, including the USA and China.
- Point і – describes the countries the exchange does not cooperate with,
- Point 1.6 – about the possibility of requesting identification documents,
- Point 1.11 – about the company’s responsibility to clients,
- Point 6.2 – about the company’s guarantees.
BaseFEX Trading Conditions: Review of Opportunities
BaseFEX offers trading in futures and contracts for various cryptocurrencies. Traders can use leverage up to 1:100. The platform is known for its ease of use, presence of charts, and analytics.
Balance Replenishment and Profit Withdrawal: Key Conditions
On BaseFEX, the process of depositing and withdrawing funds is intuitive. There are minimum amounts for operations. Requests are processed manually and subject to verification.
BaseFEX Partnership Program
Instead of bonuses for depositing, BaseFEX offers participation in a multi-level program. The benefits include passive income and commission discounts.
Client Reviews
BaseFEX receives positive reviews for its conditions and quality of work. Traders highlight the Russian version, high liquidity, and security.
BaseFEX Cryptocurrency Exchange offers a variety of features including leverage options and security measures, though its relatively new status may leave some investors hesistant about its reliability.